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16 Oct
13:39

Developing economies to rebound faster from pandemic: worldsteel

Developed economies are expected to see a steeper fall in finished steel demand than developing economies in 2020, with the latter also seeing a stronger rebound in 2021, according to worldsteel. Demand in developed economies should slump -14.4% on-year in 2020 to 336.7 million tonnes, despite the strong rebound after post-lockdown reopening. Manufacturing in the developed economies, which was only just beginning to recover from the slowdown in late 2019, has…
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